GEA GROUP AG

- EUR (-)

- 15 min delayed data - Germany Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	G1A
ISIN:	DE0006602006

GEA GROUP AG - 1H - Technical analysis published on 11/06/2023 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

61%

17%

22%

My opinion

Bullish above 32.58 EUR

My targets

33.50 EUR (+1.03%)

33.90 EUR (+2.23%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on GEA GROUP AG as long as the price remains well above 32.58 EUR. The buyers' bullish objective is set at 33.50 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 33.90 EUR. If there is any crossing, the next objective would be the resistance located at 34.18 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

6.8

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

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Additional analysis

Quotes

GEA GROUP AG rating 33.16 EUR. The price registered a decrease of -0.15% on the session with the lowest point at 33.10 EUR and the highest point at 33.44 EUR. The deviation from the price is +0.18% for the low point and -0.84% for the high point.

33.10

33.44

33.16

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of GEA GROUP AG in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 85.71% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near horizontal support

Type : Bullish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	31.77	32.07	32.58	33.16	33.17	33.50	33.90
Change (%)	-4.19%	-3.29%	-1.75%	-	+0.03%	+1.03%	+2.23%
Change	-1.39	-1.09	-0.58	-	+0.01	+0.34	+0.74
Level	Major	Minor	Major	-	Intermediate	Major	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	31.53	31.98	32.59	33.04	33.65	34.10	34.71
Camarilla	32.92	33.02	33.11	33.21	33.31	33.40	33.50
Woodie	31.62	32.02	32.68	33.08	33.74	34.14	34.80
Fibonacci	31.98	32.38	32.63	33.04	33.44	33.69	34.10

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	30.35	31.03	32.12	32.80	33.89	34.57	35.66
Camarilla	32.72	32.89	33.05	33.21	33.37	33.54	33.70
Woodie	30.56	31.13	32.33	32.90	34.10	34.67	35.87
Fibonacci	31.03	31.71	32.12	32.80	33.48	33.89	34.57

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	27.28	29.48	30.86	33.06	34.44	36.64	38.02
Camarilla	31.25	31.57	31.90	32.23	32.56	32.89	33.22
Woodie	26.86	29.28	30.44	32.86	34.02	36.44	37.60
Fibonacci	29.48	30.85	31.70	33.06	34.43	35.28	36.64

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	62.40
MACD (12,26,9):	0.2600
Directional Movement:	21.99
AROON (14):	50.00
DEMA (21):	33.19
Parabolic SAR (0,02-0,02-0,2):	33.08
Elder Ray (13):	0.25
Super Trend (3,10):	32.77
Zig ZAG (10):	33.10
VORTEX (21):	1.2500
Stochastique (14,3,5):	71.07
TEMA (21):	33.34
Williams %R (14):	-35.85
Chande Momentum Oscillator (20):	0.50
Repulse (5,40,3):	-1.1900
ROCnROLL:	1
TRIX (15,9):	0.1000
Courbe Coppock:	4.03

MA7:	32.43
MA20:	32.83
MA50:	34.45
MA100:	35.85
MAexp7:	33.15
MAexp20:	32.88
MAexp50:	32.61
MAexp100:	32.64
Price / MA7:	+2.25%
Price / MA20:	+1.01%
Price / MA50:	-3.74%
Price / MA100:	-7.50%
Price / MAexp7:	+0.03%
Price / MAexp20:	+0.85%
Price / MAexp50:	+1.69%
Price / MAexp100:	+1.59%

Quotes : - 15 min delayed data - Germany Stocks

News

The latest news and videos published on GEA GROUP AG at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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